<< <i>736 now and RYK bought the 1866-S for 1.2mil >>
My own feelings about these coins aside, and they are that - just mine, that gets from me! Congrats! As a coin can achieve a grade in so many ways, so a great purchase can be comprised of many things. I certainly don't claim to know them.
They are, slowly, being added to the Kagin's site now. Instead of turning on a webpage, they are being added 1 by 1 it would appear. No prices currently listed....says to call their # to buy.
I don't like that style. Others may be ok with it, but as a possible potential purchaser of one, I am turned off by that and won't just call willy nilly without a price ahead of time. And, are they even manning the phones right now? 12:30am west coast time, 3:30am east coast time.....
..... I saw on the PCGS pop report that there were 101 89-S's from the Saddle Ridge hoard that got a 63, 95 that got a 62, 20 that got a 64 and 3 that got a 65. This date did just get more common, but I tried to get a combo of eye appeal + a not too insane premium to boot. . .... That being said, I'm not sure if this date will head skyward either due to the quantity. Time will tell.
>>
Interesting observation. With the PCGS price guide at $6000 for the MS63 89-S and $4500 for the MS63 92-S and both priced and selling for $5500 in the present sale it would at first appear that the 89-S is the better value. However as you point out the Saddle Ridge Hoard has added 101 MS63s for the 89-S. Contrast that to only 33 MS63 92-S being added to the PCGS population from the Saddle Ridge Hoard. So which of the two dates in MS63 will end up being the better value? Can we expect to see the 89-S dropping by $500 and the 92-S jumping by $1000 in the PCGS price guide?
<< <i>Apparently there was an 1869-S $20 but I never saw it for sale. Not on Amazon not on Kagins.
Do you know if there was one and it was sold (and how? how much?) or if one didn't exist? Coin facts has it as AU58+ >>
While at it, did any of the Carson City coins from the hoard ever make it to either of the websites? I was surprised to see the 1.2 million dollar coin listed on the Amazon site though it disappeared quickly so don't know if it actually sold or is being transferred to the Kagin site. (I assume the post in this thread about RYK having purchased it was in jest? If it actually did sell, assume that will be reported in the news shortly.)
<< <i> Interesting observation. With the PCGS price guide at $6000 for the MS63 89-S and $4500 for the MS63 92-S and both priced and selling for $5500 in the present sale it would at first appear that the 89-S is the better value. However as you point out the Saddle Ridge Hoard has added 101 MS63s for the 89-S. Contrast that to only 33 MS63 92-S being added to the PCGS population from the Saddle Ridge Hoard. So which of the two dates in MS63 will end up being the better value? Can we expect to see the 89-S dropping by $500 and the 92-S jumping by $1000 in the PCGS price guide? >>
I think there was a lot of coordination between all parties to ensure that PCGS would not have to do wholesale revisions on their Price Guide.
With that said, PCGS Price Guide tracks all the transactions and increases/decreases based on most current transaction pricing...therefore, wouldn't the PCGS Price Guide have to increase/decrease depending on the sold coins?
I'm thrilled these pieces were found, especially the more rare pieces.
I can't afford the rare pieces. I can't get excited about the more common pieces.
If they didn't have the saddle ridge designation, I doubt I'd even ask my dealer to take them out of his case. And I don't want to tie up several thousand dollars of my collecting budget for a nicer bullion piece I'd have otherwise passed on.
Kudos to you guys who opt to buy. That ain't me.
We are like children who look at print and see a serpent in the last letter but one, and a sword in the last. --Severian the Lame
I agree. I'm not knocking those who bought - there is a certain draw to these coins.
However, I think they could have been more reasonably priced.
I purchased from the SS Central America hoard when they first were offered, and even though they were pricey, I don't remember them being as pricey as these as compared to the sheet.
In that case you received a Type 1 $20, where all Type 1 $20's in unc were very expensive on the sheet, so even though it became the most common Type 1 $20 in unc, you were protected a little on the down side.
In this case, common Type 3 $20's in unc are 1/3 of the asking price of Saddle Ridge coins. Even though these are better dates, I could see the price guide reflecting much lower prices in the weeks to come, possibly dipping 15%
There are so many games going on with this offering that I don't even want to get near it.
I prefer to buy coins the old fashioned way ... coin shows and auctions. I'll leave the games to this offering and the barkers on cable TV.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
The 1889-S in MS63 that Elmer bought sure looks like a great 64 candidate. I don't see why it's not in a 64 holder. I think that's one of the few ways to make out on this deal for collectors. I would not want an average 63 coin for $5,500-$6,000.
They apparently had 4 1869-S coins but I went on within 10 seconds on Amazon last night (9 pm eastern) and then Kagins and didn't see one for sale, looked at PCGS Website and definitely some were certified (an AU58+ for example).
How can we find out who bought some of the coins or whether or not specific coins have been sold?
I've gone through the list 4 or 5 times now but am just unable to pull the trigger. ( I really want to ) On the latest go round I noticed that Amazon has added a couple of new pictures to the coins themselves and that is, it seems as though a nice wooden box comes with the deal with a SR emblazoned on the front of it. Woo Hoo! Will this help with sale of these coins? I don't think so, you're either in or you're out. I'm still deciding.
Beer is Proof that God loves us and wants us to be happy -Benjamin Franklin-
I've gone through the list 4 or 5 times now but am just unable to pull the trigger. I'm in the same boat.....I'd love to own one of these pieces. Has anyone on the forums bought any of this dirty filthy gold at 300% markup? If so, why?
Also, is there a way to know how many coins have been sold?
<< <i>There are so many games going on with this offering that I don't even want to get near it.
I prefer to buy coins the old fashioned way ... coin shows and auctions. I'll leave the games to this offering and the barkers on cable TV. >>
Well I did it ! I bought one - an MS63 1889-S for $5500.00. Bought it in a hurry no time to really look it over except to try to avoid really obvious defects. When there was a little more time to look things over I'm thinking wow I didnt notice this tiny rust spot or these other tiny defects.
Soon I discovered there were a few MS64 and MS64+ Coins still available. After burning a couple hours looking at more buying options and reading opinions about the Coins, I finally figured I'd say forget it all. What really did it was Bill Jones opinion. Also it was interesting that every one of the MS64's had a blemish on the cheek. Those arriving late to the dance had only the leftovers to pick from.
So this morning I pulled up my order and canceled it. Maybe when I can get to Baltimore again I'll find a really nice 1921 Peace Dollar - finally.
<< <i>As of this morning there are only three 95/98 (damaged/etc) coins left. Last night there were a few dozen (two full search pages worth). ... >>
I sorted the current listings by price just now and saw 2 remaining. In the titles (but not in the Grade field) they now say 95-Scratch 98-Damage which is an improvement over the plain 95 and 98 numbers used last night. An even better way to list the coin would be to drop the 9 digit and show something like D5 and D8 (D=Damaged), so that the novices are not tempted to believe that 95 is better than MS-64.
That can with the Collection is reminding me of the US Mint and their free bags.
I actually put the Collection in my Amazon Cart and took it to very close to the actual point where I was about to click off the order. I saved the order page with the Collection looking like it was about to be mine. Talk about a cheap way to look like Mr Moneybags.
I think they made a mistake on Amazon not showing the PCGS holder and whatever else comes with the coin.
Did anyone buy the PCGS 95 coins??
"My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
Have you looked at the lot that includes 14 of the finest coins including the 66-S No Motto and the can it was found in?? $2,750,000
"My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
MsMorrisine.....do you see the prices on these coming down in the next few weeks? Or, do you think they will eventually sell out at these extreme prices?
Anyone else want to chime in, it would be appreciated.
They won't be lacking money in the coming months with over 300 sold.
I can only wonder if they mark any down as they sit. If they do that, they may need to put some time between now and the time they do so they won't have as many unhappy customers wanting a partial refund or a return.
Kagin's doesn't have e-commerce on their website...even coins with posted pricing you cannot buy. When they are called, you get a recording saying their business hours are 8:30-5:00 pm and no one is there any more. So I guess to buy the coins on the Kagin website you have to call them? Doesn't that kind of defeat the whole point of the Internet and e-commerce?
Thanks to the free shipping, I was baaaaarely able to purchase these. Very pleased! Coins are shiny and coin-like. Old can is, as promised, an old can. A great value!
"My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
<< <i>Just under 600 on Amazon. This is a great money maker for Amazon and the finders of the hoard.
I wish I could sell PCGS AU58 common date $20 Libs for $3800. You can get all you want for around $1450. >>
It appears that all but one of the cleaned/scratched coins at the lowest price point are sold as well as a number of the higher end and less available mint or dates are no longer listed. There are, however, lots of "common date" AU58s still for sale.
Here is an excerpt from a just released USA Today reporting:
"The first of the coins went on sale Tuesday night. Amazon has sold about 400 of the 1,000 coins since the sale started, says David McCarthy, the senior numismatist at Kagin's Inc., the company handling the sale. The coins are selling for $2,500 to $10,000.
Kagin's is selling another 400, which range in price from $10,000 to about $250,000. McCarthy says they have about 70 coins left."
My question may be somewhat off topic for this thread but I am wondering what your thoughts are on the apples vs. oranges comparison of the Saddle Ridge Hoard vs. the Champagne Lanson Collection. Did the average collector get a better deal for his/her money in that auction as opposed to what the selling prices are for the SRH? From what I've been able to gather there hasn't been nearly the press coverage of the find in France, in fact I can only find one video where it is even discussed.
Beer is Proof that God loves us and wants us to be happy -Benjamin Franklin-
I remember the discover of those coins but did not follow the subsequent sales.
These discoveries or hoards are things of the moment. As the years pass, these will be coins almost like any others of the same denomination, date, and grade.
Personally, I include shipwreck coins in this category too.
For the price of a Saddle Ridge MS62 common date $20 Lib, I would prefer a common date XF45 Carson City $20, or an AU55 Type 1.
Comments
<< <i>736 now and RYK bought the 1866-S for 1.2mil >>
My own feelings about these coins aside, and they are that - just mine, that gets
Eric
No prices currently listed....says to call their # to buy.
I don't like that style. Others may be ok with it, but as a possible potential purchaser of one, I am turned off by that and won't just call willy nilly without a price ahead of time.
And, are they even manning the phones right now? 12:30am west coast time, 3:30am east coast time.....
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
Do you know if there was one and it was sold (and how? how much?) or if one didn't exist? Coin facts has it as AU58+
<< <i>
<< <i>
<< <i>...... >>
..... I saw on the PCGS pop report that there were 101 89-S's from the Saddle Ridge hoard that got a 63, 95 that got a 62, 20 that got a 64 and 3 that got a 65. This date did just get more common, but I tried to get a combo of eye appeal + a not too insane premium to boot. . .... That being said, I'm not sure if this date will head skyward either due to the quantity. Time will tell.
>>
Interesting observation. With the PCGS price guide at $6000 for the MS63 89-S and $4500 for the MS63 92-S and both priced and selling for $5500 in the present sale it would at first appear that the 89-S is the better value. However as you point out the Saddle Ridge Hoard has added 101 MS63s for the 89-S. Contrast that to only 33 MS63 92-S being added to the PCGS population from the Saddle Ridge Hoard. So which of the two dates in MS63 will end up being the better value? Can we expect to see the 89-S dropping by $500 and the 92-S jumping by $1000 in the PCGS price guide?
<< <i>Apparently there was an 1869-S $20 but I never saw it for sale. Not on Amazon not on Kagins.
Do you know if there was one and it was sold (and how? how much?) or if one didn't exist? Coin facts has it as AU58+ >>
While at it, did any of the Carson City coins from the hoard ever make it to either of the websites? I was surprised to see the 1.2 million dollar coin listed on the Amazon site though it disappeared quickly so don't know if it actually sold or is being transferred to the Kagin site. (I assume the post in this thread about RYK having purchased it was in jest? If it actually did sell, assume that will be reported in the news shortly.)
<< <i>
Interesting observation. With the PCGS price guide at $6000 for the MS63 89-S and $4500 for the MS63 92-S and both priced and selling for $5500 in the present sale it would at first appear that the 89-S is the better value. However as you point out the Saddle Ridge Hoard has added 101 MS63s for the 89-S. Contrast that to only 33 MS63 92-S being added to the PCGS population from the Saddle Ridge Hoard. So which of the two dates in MS63 will end up being the better value? Can we expect to see the 89-S dropping by $500 and the 92-S jumping by $1000 in the PCGS price guide? >>
I think there was a lot of coordination between all parties to ensure that PCGS would not have to do wholesale revisions on their Price Guide.
With that said, PCGS Price Guide tracks all the transactions and increases/decreases based on most current transaction pricing...therefore, wouldn't the PCGS Price Guide have to increase/decrease depending on the sold coins?
I can't afford the rare pieces. I can't get excited about the more common pieces.
If they didn't have the saddle ridge designation, I doubt I'd even ask my dealer to take them out of his case. And I don't want to tie up several thousand dollars of my collecting budget for a nicer bullion piece I'd have otherwise passed on.
Kudos to you guys who opt to buy. That ain't me.
--Severian the Lame
However, I think they could have been more reasonably priced.
I purchased from the SS Central America hoard when they first were offered, and even though they were pricey, I don't remember them being as pricey as these as compared to the sheet.
In that case you received a Type 1 $20, where all Type 1 $20's in unc were very expensive on the sheet, so even though it became the most common Type 1 $20 in unc, you were protected a little on the down side.
In this case, common Type 3 $20's in unc are 1/3 of the asking price of Saddle Ridge coins. Even though these are better dates, I could see the price guide reflecting much lower prices in the weeks to come, possibly dipping 15%
I prefer to buy coins the old fashioned way ... coin shows and auctions. I'll leave the games to this offering and the barkers on cable TV.
Damaged buried gold ...looks really cool!
Did the Dahlonega coin ever show up? I was interested in seeing what that one would be priced at?
Do you think someone bought all of those, or were they taken down? It's hard to imagine they all sold, at those prices.
Agreed the 1889S MS63s seem to be a better deal at $500 under PCGS price guide, though the nicer-looking ones have sold. Plenty left right now.
Maybe some people are buying one of the cheapest, or think 98 is better grade than 64?
<< <i>I really like this one.
Damaged buried gold ...looks really cool!
>>
You know, that was one of my favorites, too.
Radiant Collection: Numismatics and Exonumia of the Atomic Age.
https://www.pcgs.com/setregistry/showcase/3232
<< <i>
<< <i>I really like this one.
Damaged buried gold ...looks really cool!
>>
You know, that was one of my favorites, too. >>
This is my favorite so far:
How can we find out who bought some of the coins or whether or not specific coins have been sold?
<< <i>
<< <i>
<< <i>I really like this one.
Damaged buried gold ...looks really cool!
>>
You know, that was one of my favorites, too. >>
This is my favorite so far:
Why do you like this particular one, it is the toning?
link in OP
-2
votes
Q: How much does one of the $20 gold coins weigh?
A:
1oz Please let me know if you need any further assistance.
I'm in the same boat.....I'd love to own one of these pieces.
Has anyone on the forums bought any of this dirty filthy gold at 300% markup?
If so, why?
Also, is there a way to know how many coins have been sold?
<< <i>14 coin lot of finest known now up.
link in OP >>
Sadly I like the rusty can better then the coins
It seems the are adding inventory as they go.
I estimate over 300 sold
<< <i>There have been purchasers in this thread
It seems the are adding inventory as they go.
I estimate over 300 sold >>
Thanks for the heads up, MM.
<< <i>There are so many games going on with this offering that I don't even want to get near it.
I prefer to buy coins the old fashioned way ... coin shows and auctions. I'll leave the games to this offering and the barkers on cable TV. >>
Well I did it ! I bought one - an MS63 1889-S for $5500.00. Bought it in a hurry no time to really look it over except to try to avoid really
obvious defects. When there was a little more time to look things over I'm thinking wow I didnt notice this tiny rust spot
or these other tiny defects.
Soon I discovered there were a few MS64 and MS64+ Coins still available. After burning a couple hours looking at more
buying options and reading opinions about the Coins, I finally figured I'd say forget it all. What really did it was Bill Jones
opinion. Also it was interesting that every one of the MS64's had a blemish on the cheek. Those arriving late to the dance
had only the leftovers to pick from.
So this morning I pulled up my order and canceled it. Maybe when I can get to Baltimore again I'll find a really nice 1921 Peace
Dollar - finally.
<< <i>As of this morning there are only three 95/98 (damaged/etc) coins left. Last night there were a few dozen (two full search pages worth). ... >>
I sorted the current listings by price just now and saw 2 remaining.
In the titles (but not in the Grade field) they now say
95-Scratch
98-Damage
which is an improvement over the plain 95 and 98 numbers used last night.
An even better way to list the coin would be to drop the 9 digit and show something like
D5 and D8 (D=Damaged), so that the novices are not tempted to believe that 95 is better than MS-64.
pictures are in the OP of the can and a memorial box that comes with the set.
So exciting, this thread made it to page two in less than 24 hours!
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
<< <i>891 left! >>
What was the starting number?
I actually put the Collection in my Amazon Cart and took it to very close to the actual point where I was about
to click off the order. I saved the order page with the Collection looking like it was about to be mine. Talk about
a cheap way to look like Mr Moneybags.
Did anyone buy the PCGS 95 coins??
<< <i>
<< <i>891 left! >>
What was the starting number? >>
I think it was in the 970 area but they added inventory over time.
Or, do you think they will eventually sell out at these extreme prices?
Anyone else want to chime in, it would be appreciated.
If RYK buys one, I will buy one.......I think.
How wrong was I on the HOF?
They won't be lacking money in the coming months with over 300 sold.
I can only wonder if they mark any down as they sit. If they do that, they may need to put some time between now and the time they do so they won't have as many unhappy customers wanting a partial refund or a return.
<< <i>There are coins up on Kagin's that are not up on Amazon...wonder why? >>
Call for pricing coins, too
They started with just under 60, sold down stock and added inventory to 70-ish
Check them out at saddleridgehoard.com
Id think if a person wanted superb quality, they'd need to stay away from Amazon.
If I were in the mood to drop about $40,000+ , I'd be clicking away on the Kagins site.
4 of 6 people found the following review helpful
By JanuarySun on May 28, 2014
Thanks to the free shipping, I was baaaaarely able to purchase these. Very pleased! Coins are shiny and coin-like. Old can is, as promised, an old can. A great value!
599 left on amazon
55 on kagin's
I wish I could sell PCGS AU58 common date $20 Libs for $3800. You can get all you want for around $1450.
<< <i>Just under 600 on Amazon. This is a great money maker for Amazon and the finders of the hoard.
I wish I could sell PCGS AU58 common date $20 Libs for $3800. You can get all you want for around $1450. >>
It appears that all but one of the cleaned/scratched coins at the lowest price point are sold as well as a number of the higher end and less available mint or dates are no longer listed. There are, however, lots of "common date" AU58s still for sale.
Here is an excerpt from a just released USA Today reporting:
"The first of the coins went on sale Tuesday night. Amazon has sold about 400 of the 1,000 coins since the sale started, says David McCarthy, the senior numismatist at Kagin's Inc., the company handling the sale. The coins are selling for $2,500 to $10,000.
Kagin's is selling another 400, which range in price from $10,000 to about $250,000. McCarthy says they have about 70 coins left."
maybe once the rush has died off a status on the patient can be obtained.
These discoveries or hoards are things of the moment. As the years pass, these will be
coins almost like any others of the same denomination, date, and grade.
Personally, I include shipwreck coins in this category too.
For the price of a Saddle Ridge MS62 common date $20 Lib, I would prefer a common date XF45 Carson City $20,
or an AU55 Type 1.